Union Bancaire Privee UBP SA increased its position in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Free Report) by 170.8% in the 1st quarter, HoldingsChannel reports. The fund owned 266,234 shares of the real estate investment trust’s stock after acquiring an additional 167,938 shares during the period. Union Bancaire Privee UBP SA’s holdings in HA Sustainable Infrastructure Capital were worth $9,784,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of the company. Louisiana State Employees Retirement System acquired a new position in shares of HA Sustainable Infrastructure Capital during the first quarter valued at about $2,080,000. CENTRAL TRUST Co purchased a new position in HA Sustainable Infrastructure Capital during the first quarter valued at approximately $147,000. Strong Tower Advisory Services increased its holdings in shares of HA Sustainable Infrastructure Capital by 3.6% during the 1st quarter. Strong Tower Advisory Services now owns 35,517 shares of the real estate investment trust’s stock valued at $1,305,000 after purchasing an additional 1,241 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of HA Sustainable Infrastructure Capital by 68.7% in the fourth quarter. Hsbc Holdings PLC now owns 50,263 shares of the real estate investment trust’s stock worth $1,587,000 after acquiring an additional 20,461 shares during the period. Finally, T. Rowe Price Investment Management Inc. boosted its position in HA Sustainable Infrastructure Capital by 24.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock worth $207,578,000 after purchasing an additional 1,282,466 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.
HA Sustainable Infrastructure Capital Trading Up 1.0%
NYSE:HASI opened at $39.58 on Friday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 12.10 and a current ratio of 12.10. The stock has a fifty day moving average price of $40.20 and a two-hundred day moving average price of $37.05. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $24.38 and a 1 year high of $44.13. The stock has a market capitalization of $5.08 billion, a price-to-earnings ratio of 113.09, a PEG ratio of 1.16 and a beta of 1.43.
HA Sustainable Infrastructure Capital Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is 485.71%.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the company. Wells Fargo & Company boosted their price target on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. upped their price target on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. UBS Group upped their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Royal Bank Of Canada boosted their price target on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, May 13th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $46.90.
Get Our Latest Analysis on HA Sustainable Infrastructure Capital
HA Sustainable Infrastructure Capital Company Profile
Hannon Armstrong Sustainable Infrastructure Capital, Inc (NYSE: HASI) is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.
Hannon Armstrong’s core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.
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